Brian R. Niccol, the current CEO of Chipotle, will be taking over as the CEO of Starbucks on August 13, 2024. He is replacing Laxman Narasimhan and will be leaving his role at Chipotle on August 31, 2024.
2018: Brian Niccol's Leadership at Chipotle
In 2018, Brian Niccol assumed the role of CEO at Chipotle Mexican Grill. His leadership led to significant growth, with revenue doubling and profits increasing nearly sevenfold. Notably, Chipotle's stock price surged by almost eight times during his tenure. Niccol also prioritized employee well-being by raising salaries for retail staff and expanding employee benefits.
2019: Brian Niccol's Recognition in 2019
Brian Niccol received significant recognition in 2019, being named to Bloomberg's prestigious "The Bloomberg 50" list and earning the title of "Businessperson of the Year" by Fortune magazine.
2020: University of Chicago Booth School of Business Honors Brian Niccol
In 2020, the University of Chicago Booth School of Business recognized Brian Niccol's achievements by including him in their "Distinguished Alumni" list.
2021: Brian Niccol Named an American Food Hero
EatingWell magazine recognized Brian Niccol's contributions to the food industry in 2021 by naming him to their "American Food Heroes" list.
August 13, 2024: Brian Niccol Named CEO of Starbucks
On August 13, 2024, Brian Niccol was appointed as the new CEO of Starbucks, succeeding Laxman Narasimhan.
August 31, 2024: Brian Niccol Departs Chipotle
Brian Niccol concluded his tenure as CEO of Chipotle Mexican Grill on August 31, 2024, marking his transition to Starbucks.
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